Settings8H · net · $10k
Funding arb · Price arb /

SNDK

RWAall SNDK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0245%/8h= +26.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.091%
Price spread now: Kraken Futures against Arcus+0.076%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.277%+$28 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.076%, 7d avg +0.053%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.023% dearer against Arcus than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SNDK-USD1,748.70.0040pay 0.0005% / 1h34m 56s$250K$1.5M10x
ShortKraken Futures PF_SNDKUSD1,7500.0285get 0.0036% / 1h34m 56s$127K$344K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Arcus. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$51.48
Price spread: +0.076% → +0.053%
$2.28
Slippage, 4 orders
−$29.44
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$9.82
Costs to cover
0.439%
Break-even
5.7 days
Slippage from Arcus: live order book, 4 min ago; Kraken Futures: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 4 min ago1.06 bp3.9 bp −$47.7 bp −$77doesn't fitdoesn't fit
Sell Kraken Futures live order book, 63 min ago2.55 bp18.0 bp −$1841.8 bp −$418doesn't fitdoesn't fit

SNDK on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SNDK_USDT_Perp−0.0845%8h1,750.4+0.098%$21K$2.2M10xas long as short
HTX SNDK-USDT−0.0412%8h1,749.8+0.065%$1.4M$10.5M50xas long as short
Bitget SNDKUSDT−0.0246%8h1,749.5+0.046%$49.3M$167.0M75xas long as short
BloFin SNDK-USDT−0.0120%8h1,749.5+0.044%$4.0M$4.5M75xas long as short
Nado SNDK-PERP−0.0080%1h1,750+0.073%$329K$1.5M10xas long as short
KuCoin SNDKUSDTM−0.0042%8h1,749.7+0.055%$6.0M$22.5M20xas long as short
QFEX SNDK-USD−0.0002%1h1,750+0.077%$1.4M$9.6M10xas long as short
Aster SNDKUSD10.0000%8h1,749.9+0.070%$21.3M$32.6M20xas long as short
Binance SNDKUSDT0.0000%8h1,749.8+0.064%$279.8M$1.86B75xas long as short
Bybit SNDKUSDT0.0000%8h1,749.8+0.063%$31.6M$104.1M100xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SNDK-USDT-SWAP0.0000%8h1,749.2+0.029%$82.0M$821.5M75xas long as short
RISEx SNDK/USDC0.0000%1h1,750+0.076%$136K$1.6M20xas long as short
Gate SNDK_USDT0.0000%8h1,749.1+0.025%$178.4M$218.2M75xas long as short
Variational Omni SNDK0.0000%8h1,748.8+0.008%$2.5M$4.8Mas long as short
Phoenix SNDK0.0000%1h1,751.1+0.138%$273K$193K15xas long as short
Bullet SNDK-USD0.0000%1h1,749.8+0.066%$14K$290K10xas long as short
SunX SNDK-USDT0.0000%8h1,750.5+0.106%$942$3.3M20xas long as short
Deribit SNDK_USDC-PERPETUAL0.0000%1h1,749.7+0.055%$50K$360K10xas long as short
Phemex SNDKUSDT0.0000%8h1,749.8+0.061%$2.8M$1.1M50xas long as short
Vest SNDK-USD-PERP+0.0006%1h1,747.5−0.066%$577K10xas long as short
Aftermath Perps SNDKUSD+0.0011%1h1,752.2+0.199%$727$38K5xas long as short
Entropy io:SNDK+0.0023%1h1,750.3+0.092%$4.5M$19.4M10xas long as short
Lighter SNDK+0.0032%1h1,749.9+0.067%$1.7M$16.4M20xas long as short
Lighter RH SNDK+0.0032%1h1,749.5+0.047%$1.2M$9.4M10xas long as short
Extended SNDK_24_5-USD+0.0032%1h1,749.2+0.027%$448K$2.0M10xas long as short
Injective SNDK/USDC PERP+0.0033%1h1,800+2.932%$36$9K12xas long as short
Arcus SNDK-USDlong+0.0040%1h1,748.7long leg$250K$1.5M10x
Paradex SNDK-USD-PERP+0.0047%8h1,748.8+0.006%5xas long as short
Popdex SNDKUSDT+0.0048%1h1,750.1+0.081%$241K$630K20xas long as short
tradeXYZ xyz:SNDK+0.0050%1h1,749.3+0.035%$118.5M$158.5M10xas long as short
Polymarket Perps SNDK-USD+0.0050%1h1,749.4+0.041%$184K$127K10xas long as short
SoDEX SNDK-USD+0.0050%1h1,749.4+0.041%$715K$521K10xas long as short
Ondo Perps SNDK-USD.P+0.0050%1h1,750.7+0.115%$1.3M$5.2M5xas long as short
Aevo SNDK-PERP+0.0080%1h1,749.2+0.030%$1K10xas long as short
Pacifica SNDK+0.0100%1h1,748.9+0.014%$196K$310K10xas long as short
ApeX Omni SNDKUSDT+0.0100%1h1,751.6+0.165%$67K$270K50xas long as short
Orderly PERP_SNDK_USDC_mythos+0.0100%8h1,748.5−0.013%$8K$3K20xas long as short
Coinbase International SNDK-PERP-INTX+0.0112%1h1,749.2+0.027%$426K$2.1M10xas long as short
edgeX SNDKUSDC+0.0127%4h1,751.2+0.143%$556K$350K10xas long as short
Kraken Futures PF_SNDKUSDshort+0.0285%1h1,750+0.076%$127K$344K20x